Our essential SME insurance products

Logistic secure

For comprehensive protection of your freight forwarding and logistics operations

Rely on AXA to take a load off your mind.

Why do you need a Logistics Secure Insurance package?

Legal liability arising out of your logistical and forwarding activities can adversely affect your business and threaten your profitability.

Logistics Secure offers a unique package of insurances in one single application to protect your business against a range of liabilities that relate to; the handling of cargo, general public liability and liability towards employees. In addition, it protects your buildings, equipment, stock and other fixed assets under your care, custody and control.

Turn to AXA to protect you so that you can focus on your business goals with peace of mind. ﻿

Competitive pricingThe cost of our package is set at a level to ensure you have the best possible coverage at the most competitive price. Through combining all covers into one policy we ensure you get maximum value for your money.

Fair and fast claims settlementAXA has a reputation for superior customer service, and an assurance that claims will receive prompt and fair settlement.

Our essential SME insurance products

Product details

Standard Cover

At AXA , we make it our business to understand yours. That is why; Logistics Secure offers a Liability cover to protect the core of your business activity, with optional covers to complete the “ all in one” coverage.

Logistics Secure offers the following covers:

Liability to cargoTo cover your liability for loss of damage to cargo in your custody.

Third party liabilityTo cover you liability for third party bodily injury and/ or property damage arising out of your Insured Services.

Insurance of equipmentTo indemnity you for loss or damage to equipment owned or rented by you.

Professional indemnityTo cover you for breach of duty, errors and omissions in your professional capacity.

Fines and penaltiesTo cover you for your liability to pay fines and penalties to any Authority or a third party.

Optional Covers

Logistics Secure also covers:

Property on Premises other than stocks

Stocks held by you at the said premises

Your General Public Liability

Your Liability towards your Workmen

Your Liability as an Employer

Supplementary Cover

AXA can provide you a with facility to offer transit insurance on All Risks basis for the cargo carried by you. The facility offers cover extensions like Packing Extension, Concealed Damage Extension, Insolvency Exclusion, Replacement by Air and Debris Removal in addition to a Service Commitment and access to a 24 – hour helpline.

Additionally, you will be able to issue Marine Policy documents through AXA’s e-facility, Net Cargo.

Section

Cover

Limits

1 Compulsory

Cargo Related Liabilities

Liability to Cargo

3 Optional Limits:

USD 250,000; USD 500,000; USD 1 Million

Third Party Liability

As per Liability to Cargo

Professional Indemnity

USD 100,000 or USD 250,000

Fines and Penalties

USD 100,000 or USD 250,000

2 Optional

Property including fixtures and fittings

For property located within Free Zones, Logistics City

DH/SR/QR 2.5 Million or BD/RO 250,000 any one location/unit

Stocks

For property located within Free Zones, Logistics City

DH/SR/QR 5 Million or BD/RO 500,000 any one location/unit

Additional Benefits:

Loss Minimization Expenses DH/SR/QR50,000 or BD/RO 5,000

Rent DH/SR/QR 50,000 or BD/RO 5,000

Expediting Expenses DH/SR/QR 50,000 or BD/RO 5,000

Documents and Business Books DH/SR/QR 2,500 or BD/RO 250

Fire Extinguishing Expenses DH/SR/QR 50,000 or BD/RO 5,000

Computer System Records DH/SR/QR 2,500 or BD/RO 250

Increased Cost of Working DH/SR/QR100,000 or BD/RO 10,000

Debris Removal DH/SR/QR 25,000 or BD/RO 2,500

3 Optional

Public Liability

Arising out of your business activities in the Free Zones, Logistics City

DH/SR/QR 2.5 Million or BD/RO 250,000 any one loss and in the aggregate

Additional Benefits:

Tenants Liability

DH/SR/QR 100,000 or BD/RO 10,000

4 Optional

Workmen's Compensation

As per applicable Labour Law

Employer's Liability

DH/SR/QR 2.5 Million or BD/RO 250,000 any one loss and in the aggregate